This property is no longer on the market
3 bedroom terraced house
Key information
Property description & features
- Tenure: Freehold
- Ready Made Investment Opportunity
- Semi Commercial
- Two Self Contained Flats
- Popular Location
- Tenants in Situ
- Annual Income of £15,120
Introducing an exceptional investment opportunity situated in the heart of Market Rasen's vibrant high street. This semi-commercial property presents a compelling investment prospect with a blend of commercial and residential units, all currently tenanted. Here's a closer look at what this property has to offer:
Property Overview:
Location: Market Rasen's bustling high street, a prime and sought-after area for both residents and businesses.
Commercial Unit: Currently operating as a well-established barbershop, providing a steady stream of income (£355 pcm).
Residential Units: The property includes both a one-bedroom flat and a two-bedroom duplex, both of which are fully occupied by tenants.
One-Bedroom Flat:
Layout: This unit features a well-designed layout comprising one spacious bedroom, a fitted kitchen, a generous living room, and a convenient shower room equipped with a shower cubicle, washbasin, and WC.
Tenant-Ready: The one-bedroom flat is tenant-occupied, ensuring immediate rental income for the investor. Rental income of £450 pcm.
Two-Bedroom Duplex:
Layout: The duplex boasts a comfortable living room, a modern fitted kitchen, a fully-equipped bathroom, and two sizable double bedrooms, offering ample space for residents.
Tenant-Occupied: The one-bedroom flat is tenant-occupied, ensuring immediate rental income for the investor. Rental income of £455 pcm.
Strategic Location:
The property's location is its greatest asset, situated on Market Rasen's high street, ensuring easy access to a wide range of amenities, shops, and services.
The bustling high street environment also serves as a natural draw for customers to the barbershop, making it high demand for potential renters.
Investment Potential:
With existing tenants in place and a strategic location, this property is a turnkey investment opportunity.
Market Rasen's popularity as a residential and commercial hub ensures a consistent demand for rental properties, making this investment a sound choice for long-term returns.
EPC rating: D. Tenure: Freehold,
Rooms
Disclaimer Not provided
We endeavour to make our sales particulars accurate and reliable, however, they do not constitute or form part of an offer or any contract and none is to be relied upon as statements of representation or fact. Any services, systems and appliances listed in this specification have not been tested by us and no guarantee as to their operating ability or efficiency is given. All measurements have been taken as a guide to prospective buyers only and are not precise. If you require clarification or further information on any points, please contact us, especially if you are travelling some distance to view. Fixtures and fittings other than those mentioned are to be agreed with the seller by separate negotiation.
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Property reference P467. The information displayed about this property comprises a property advertisement. OnTheMarket.com makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and OnTheMarket.com has no control over the content provided by the agent or developer. This property advertisement does not constitute property particulars. The information is provided and maintained by Belvoir - Grimsby.
OnTheMarket may have applied supplementary data to this property listing, including:
Broadband availability and predicted speed: obtained from Ofcom on January 21, 2022
Broadband speed is measured in megabits per second, with the number returned showing how fast the connection is. Each reading is based on the highest predicted speed of any major broadband network for services that deliver the download speeds. The following are the different readings that we may display:
Basic: Up to 30 Mbit/s
Super-fast: Between 30 Mbit/s and 300 Mbit/s
Ultra-fast: Over 300 Mbit/s
The data is updated three times a year. The checker results are predictions and should not be regarded as guaranteed. For more information, see: https://checker.ofcom.org.uk/en-gb/about-checker#Answer_0_2
Mobile phone signal availability and predicted strength: obtained from Ofcom on January 31, 2022
Mobile signal predictions are provided by the four UK mobile network operators: EE, O2, Three and Vodafone. Predictions can vary significantly from the coverage you may actually experience as a result of local factors (especially terrain). Ofcom has tested the actual coverage provided in various locations around the UK to help ensure that these predictions are reasonable. The values shown against a property can be broken down as follows:
Clear: No bars, no signal predicted
Red: One bar, reliable signal unlikely
Amber: Two bars, may experience problems with connectivity
Green: Three bars, likely to have good coverage and receive a data rate to support basic web services
Enhanced: Full bars, likely to have good coverage indoors and to receive an enhanced data rate to support multimedia services
Energy Performance data and Internal floor area
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